Search results for QUIP
Crypto
Musk\'s \'former trillionaire\' joke draws Zhao\'s \'pre-rich\' quip
Elon Musk, Tesla\'s CEO, posted on social media that he was a \"(Former) Trillionaire\" after his net worth fell below $1 trillion, blockchain outlet U.Today reported. Binance co-founder Changpeng Zhao replied with a brief comment calling it a \"new definition of pre-rich,\" sparking talk in the crypto community. The attention focused less on the asset decline than on the pair’s joking exchange and meme-driven online culture.
Crypto
Postquant Labs unveils testnet to boost blockchain performance with quantum computers
While the crypto industry focuses on research into the risk that quantum computers could break blockchain encryption, one startup is asking the opposite question: whether quantum hardware can improve blockchains. Postquant Labs has launched the Quip.Network testnet, which combines quantum computers and conventional computing. It said 13,000 researchers worldwide have joined, with six teams submitting computations. The project rewards users with QUIP tokens for solving complex math problems using quantum devices, GPUs or CPUs.
Finance
KOSPI sidecar triggered 10 times this year, most since global financial crisis
The KOSPI sidecar mechanism has been triggered 10 times in less than two months since last month, the Korea Exchange said. There were four buy-side and six sell-side activations between Feb. 2 and March 23. The KOSDAQ market saw six triggers this year. The exchange said the highest annual total since 2002 was 26 in 2008, with this year the next highest so far.